After a human invoked disaster and then Hurricane Ike causing me to lose most everything I had of value twice in a five year period I approach life differently in general.
I am adopting a less hard-core version of the Buddhist "we become slaves to our possessions" philosophy. I've always believed in durable, simple, usable things, I use a cast iron skillet for about 75% of my cooking for example. I used to have a lot of books and physical media. I'm starting to use digital media, if I lose all of my physical belongings I can buy a new Kindle and get most of my books back, buy a new just about anything thanks to Google Play and have all of my music back, I would still be missing 95% of my movies, the prevalence UltraViolet and Amazon video being included with a bunch of my new disks will save a few of those. I've been ripping my disk and putting them on a local hard drive for years, I'm considering a "disk to digital" service so I don't have to worry about movies anymore. I've actually been giving my books away over the past couple of years and even reducing my tech junk laying about that I'm not using.
After the theft and the flood I'm now expecting the fire. When it comes I want it to have minimal impact. I want to buy new clothes, a few electronic devices and continue on. "The cloud" is how I intend to make that happen. My data is my most valuable possession. I need to get my pictures uploaded somewhere - thanks for making me think of that.
Once I get to where I want to be data backup wise with the exception vehicles which have escaped the past disasters, $5,000 to $10,000 should be enough to get me everything I really want and need. I just got married last weekend to someone who does not share in my reduced physical goods philosophy - so my estimates are based on a few months ago thinking. (considering I adopted the mindset a couple of years after the last disaster I'm not setting a good enough example, I haven't been wiped out since Ike). We'll see where that takes us.